Northern Trust announced today that Northern Focused Portfolios (NFP) model portfolios have been added to FDx Advisors Unified Overlay Management Program platform. The NFP portfolios are a series of active, passive and blended models created through tactically-weighted asset allocation of proprietary and non-proprietary mutual funds and ETFs which seek to emphasize consistent and competitive performance while managing volatility and risk.
FDx Advisors, a subsidiary of FolioDynamix, is one of the leading independent providers of research, investment models and advisory programs to the Registered Investment Advisor (RIA), Independent Broker Dealer (IBD) and Trust Institution markets with more than $15 billion in assets on its platform. FDx Advisors brings together institutional-quality manager research, investment consulting services and discretionary investment solutions into a turnkey platform that enables wealth management firms to establish and maintain open-architected wealth management programs.
"Our relationship with FDx Advisors has included a presence on their mutual fund and exchange traded fund research lists. We are delighted to extend our relationship with FDx Advisors and offer our proprietary NFP investment models to their client base of financial advisors," said Eric Schweitzer, Managing Director of Northern Trust's Financial Intermediary Distribution business. "We believe these products benefit RIAs, IBDs and Trust Institutions as the models address a range of investment goals and objectives with a focus on risk management."
Northern Trust Asset Management offers a broad spectrum of investment products and solutions and has more than $800 billion in assets under management. As a multi-capability asset manager, Northern Trust combines alpha and beta strategies to effectively build targeted investment solutions across the risk spectrum designed to meet a variety of specific client goals.
Asset Management at Northern Trust begins with listening and leads to answers beyond the expected for our clients. The multi-asset class investment management business is comprised of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Global Investments Japan, K.K., the investment advisor division of The Northern Trust Company and The Northern Trust Company of Connecticut and its subsidiaries which offer investment products and services to personal and institutional markets.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 18 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2013, Northern Trust had assets under custody of US$5.2 trillion, and assets under investment management of US$846.2 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com or follow us on Twitter @NorthernTrust.